OFF MARKET
Off market feb 2018 for $390K
$597,444
Est. refi paymentEst. refi $2,771/mo
3
bd
•
2 ba
•
1,614
sq ft

515 Rio Ln, Melbourne, FL 32903

map-entry

About this home

Single-familyProperty Type
1978Year Built
0.26 acresLot Size
$370Est. Price/Sq.Ft.
2 car garageParking
Listed by Walter Ferrero • EXP Realty, LLC
Bought with Mary Goodwin • Kirschner Real Estate G
Redfin checked: a minute ago
•Source:SCMLS #801647

Redfin Estimate

$597,444
$207K since sold in February 2018$2,000 since September

This home's estimate is 5.1% lower than the average sale price ($630K) of 6 comparable homes.

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell
$305,066
Est. take-home

List your home with Redfin and save $5,974

Refinance
$0
Est. cash available

Get cash now or lower your monthly rate

Rent
$3,114/mo
Redfin rental estimate

List your home for rent

Market trends in 32903, FL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
96.8%

0.2% MoM

Median sale price
$692K

$8K MoM

Avg. days on market
67d

2 days MoM

Recently sold homes
87

8 MoM

New listings for sale

Provided by Redfin

Sale history for 515 Rio Ln

Join or sign in to view all info

Tax history for 515 Rio Ln

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
2001
Sq. Ft.
1,614
Year built
1978
Style
Single Family Residential
County
Brevard County
APN
27 3724-50-*-26
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.

Property details

Around this home

Schools

Indialantic Elementary School

Public PreK-6 • Assigned • 1.2mi

10/10
Herbert C. Hoover Middle School

Public 7-8 • Assigned • 1.1mi

7/10
Melbourne Senior High School

Public 9-12 • Assigned • 2.7mi

6/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 41-55% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 104° expected this year, 23 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Melbourne, FL • 32903
Average low and high temperatures (°F)
69
52
73
58
78
63
81
69
86
75
88
76
90
77
90
77
87
76
83
73
78
64
75
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

8.8 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$568,000 – $688,000

Reach more buyers when you sell with Redfin. Save up to $5,974 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$285,000
2 beds2 baths1,215 sq ft
1010 Pine Tree Dr #202, Indian Harbour Beach, FL 32937
3D WALKTHROUGH
$888,000
5 beds3.5 baths3,254 sq ft
3579 Poseidon Way, Melbourne, FL 32903
$598,000
3 beds2 baths2,035 sq ft
207 S Palm Ave, Indialantic, FL 32903
3D WALKTHROUGH
$999,000
5 beds4.5 baths4,176 sq ft
973 N Harbor City Blvd, Melbourne, FL 32935
3D WALKTHROUGH
$427,500
2 beds2 baths1,295 sq ft
3135 Cobia Ln, Melbourne, FL 32903
$474,780
4 beds2 baths1,350 sq ft
440 Third Ave, Indialantic, FL 32903

New listings for sale in 32903

$835,000
3 beds2 baths1,550 sq ft
216 Deland Ave, Indialantic, FL 32903
3D WALKTHROUGH
$850,000
5 beds3.5 baths3,868 sq ft
407 Rio Palma S, Melbourne, FL 32903
3D WALKTHROUGH
$400,000
2 beds1.5 baths1,238 sq ft
241 Avenida Central, Indialantic, FL 32903
$769,000
4 beds3 baths2,350 sq ft
366 Southampton Dr, Indialantic, FL 32903
3D WALKTHROUGH
$675,000
4 beds3 baths2,166 sq ft
16 South Ct, Indialantic, FL 32903
$509,000
2 beds2 baths1,396 sq ft
1555 N Highway A1a #502, Indialantic, FL 32903
$235,000
2 beds2 baths1,131 sq ft
2700 N Highway A1a Unit 9-204, Indialantic, FL 32903
$875,000
5 beds4 baths2,642 sq ft
1031 E River Oaks Dr, Indialantic, FL 32903
3D WALKTHROUGH
$599,000
2 beds2 baths1,200 sq ft
877 N Highway A1a #1002, Indialantic, FL 32903

Home values near 515 Rio Ln

Data from public records.
Property information provided by SCMLS when last listed in 2018. This data may not match public records. Learn more.

More real estate resources

32904 homes for sale
32905 homes for sale
32907 homes for sale
32935 homes for sale
32940 homes for sale
Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

Join us

Become an Agent
Get referrals
Careers

Find homes faster

Download the Redfin App on the Apple App Store
Download the Redfin App from the Google Play Store

About us

Why Redfin?
Community Impact
Inclusion
Culture
Press
Investors
Blog
Real Estate News

Find us

Contact Us
Help Center
Advertise

Subsidiaries

Rent.
ApartmentGuide

Affiliated Business

Rocket Close
Rocket Mortgage

Countries

US flagUnited States

Canadian flagCanada

Copyright: © 2026 Redfin. All rights reserved.

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.